secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0000316709-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schwab Q1 record revenue $5.6B (+18% YoY); GAAP EPS $.99, adjusted $1.04; core net new assets $137.7B
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- Net revenues of $5.599B, up 18% YoY; GAAP net income $1.909B (+40%), GAAP EPS $.99 (+46%).
- Adjusted net income $2.008B, adjusted EPS $1.04 (+41%); pre-tax profit margin 43.8% GAAP, 46.2% adjusted.
- Core net new assets of $137.7B for the quarter (44% YoY increase, 5.5% annualized growth); total client assets $9.93T.
- Quarterly common dividend raised 8%; $1.5B in common shares repurchased during Q1.
- Bank supplemental funding reduced to $38.1B at quarter-end, down 46% vs. 1Q24; margin balances flat at $83.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000019/0000316709-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000031670925000019/schw-20250417.htm
  HTML page:      https://secwatch.observer/filing/0000316709-25-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer